The global market for low-carbon ammonia as a marine fuel is set for significant growth, projected to rise from $4.11 billion in 2026 to $11.46 billion by 2036. This shift highlights the shipping industry’s commitment to sustainability, offering a viable solution to reduce carbon emissions and comply with environmental regulations.
V.Group has acquired Njord, a maritime fuel efficiency and decarbonization partner founded by Maersk Tankers. This strategic acquisition aims to enhance V.Group’s offerings in fuel efficiency and decarbonization, leveraging Njord’s expertise. CEO René Kofod-Olsen noted it will accelerate their ambition to lead in these critical sectors.
The UN Development Program (UNDP) praised Mexico’s new Sustainable Ocean Plan, a significant step in long-term ocean governance. This policy, replacing the 2018 framework, aligns national efforts with global sustainability goals, emphasizing environmental protection and sustainable ocean production. It promotes marine ecosystem preservation and responsible ocean industries through comprehensive collaboration.
d’Amico International Shipping S.A. has signed a shipbuilding contract for two new Medium Range 1 product tankers with Guangzhou Shipyard International. Valued at $43.2 million each, the vessels will be delivered in April and July 2029. This investment supports d’Amico’s fleet renewal strategy, enhancing efficiency and capacity.
The Marine Electric Vehicles Market is set to grow significantly, from USD 6.89 billion in 2024 to USD 26 billion by 2032, driven by stricter environmental regulations and a shift towards sustainable propulsion. Innovations in battery technology and digital solutions are enhancing fleet efficiency, emphasizing the need for tailored regional strategies.
The Global Centre for Maritime Decarbonisation and AIM Horizon Investments have launched the Fund for Energy Efficiency Technologies, raising $35 million to support vessel retrofits. This innovative fund, featuring a pay-as-you-save model, aims to tackle financial barriers in adopting energy-efficient technologies, enhancing sustainability in the maritime sector.
V.O. Chidambaranar Port in Tuticorin has emerged as a leader in green shipping corridors in India, emphasizing renewable energy and sustainable practices. Recognized during India Maritime Week 2025, the port’s initiatives, including its role as a green hydrogen hub, are set to attract significant sustainable investments, driving India’s maritime growth.
This year’s World Maritime Day, celebrated on September 25, emphasizes “Our Ocean, Our Obligation, Our Opportunity.” The Maritime and Coastguard Agency (MCA) underscores the UK’s commitment to maritime safety and environmental protection. Innovations in cadet training and technological advancements in search and rescue highlight ongoing efforts to support seafarers and protect marine environments.
Parkland, operating at the Port of Montreal, has joined Green Marine, enhancing its environmental performance in the marine sector. This membership mandates practices that reduce its carbon footprint, contributing to sustainability. As of 2024, 67% of the port’s tonnage comes from Green Marine tenants, with participation becoming a lease requirement.
Viking Line has launched operations of its Ro-Ro vessels, Viking Glory and Viking Grace, powered by bio-LNG. This move supports Gasum’s FuelEU Maritime pooling service, enhancing collaboration after a 2024 agreement. Daily routes between Turku and Stockholm aim to reduce emissions and promote a fossil-free maritime future.
On August 25, 2025, the Directorate General of Shipping celebrated its 75th anniversary in Mumbai with a Knowledge Sharing Conference. Experts discussed the future of maritime training under the theme “India Navigating Through T³: Training, Transition, Transformation.” Dr. Malini V. Shankar emphasized the importance of including women in maritime careers.
The International Maritime Organization (IMO) has inaugurated a new Regional Presence Office in Suva, Fiji, to enhance maritime cooperation in the Pacific. This office will aid Pacific nations in implementing global maritime standards, focusing on safety compliance, pollution prevention, and supporting the blue economy vital for Small Island Developing States.
The Mediterranean is a strategically vital region, as noted by Daniel Esser of FLANQ. He stressed collaboration with CMMI to enhance maritime capabilities, merging scientific expertise with operational flexibility. This partnership aims to improve security and sustainability, benefiting Cyprus and its neighbors while addressing regional challenges effectively.
Kongsberg Maritime has signed a framework agreement with Noble Corporation to co-develop advanced marine technologies for the offshore drilling sector. This collaboration aims to improve operational efficiency, risk assessment, and sustainability. A pilot project on the drillship Noble Sam Croft will launch in 2025, marking the beginning of several joint initiatives.
Abu Dhabi features around 45,000 square kilometers of water bodies and a 2,400-kilometer coastline, including 230 islands. To enhance safety and sustainability, the Department of Municipalities and Transport has introduced regulations for waterway usage, ensuring responsible practices that protect the marine ecosystem while supporting economic growth.
